Indicate which of the actions (1 through 4) listed below must be taken when doing a bank
Question:
1. Add to bank balance
2. Deduct from bank balance
3. Add to general ledger Cash balance
4. Deduct from general ledger Cash balance
____ a. $15 bank service charge
____ b. $725 deposit in transit
____ c. $36 NSF cheque
____ d. A $78 cheque was written and recorded as $87
____ e. Bank collected a $5,000 note less a $50 collection fee
____ f. Cheque No. 113 for the amount of $36
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Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
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